Latest news

Date Title
Saudi SABIC joins PepsiCo, UAE’s AstroLabs for Mega Green Accelerator to serve MENA startups
Egypt’s stock market ends Sunday in red zone
TASI ends Sunday’s session in green zone; NomuC falls
Saudi stc leads innovation hub project with GCC Telco Alliance; listed firms included
CBE issues additional T-bills worth EGP 47.5bn on Sunday
Arab Energy Fund launches training for MENA fresh graduates
Union Insurance unveils accumulated losses as of end-September 2023
Abu Dhabi National Hotels announces equity acquisition in MFive Services
Egypt’s net foreign reserves surge nearly 5% in November
CBE offers EGP 46.5bn debt instruments on Thursday
EGX’s indices plunge on Thursday
TASI, NomuC close Thursday in green zone
UAE stock markets decline collectively on Thursday
Egypt’s trade deficit exceeds $3bn in September 2023 – CAPMAS
BHM Capital chosen as liquidity provider for newly listed Dubai Taxi
Ladun Investment’s unit wins SAR 189.5m new project in RCJY’s Jazan
East Pipes Integrated enters new deal with oil giant Aramco
Travellers through Kuwait International Airport now offered multi-currency ATM by KIB
EGX shows negative performance on Wednesday
Tadawul closes Wednesday’s trading session mixed
SPIMACO mulls 68% equity acquisition in Swiss Osmopharm, to exit SPIMACO Misr
Masdar to develop green hydrogen plant in Jordan
UAE’s FAB commits AED 500bn as largest sustainable financing by MENA bank
Saudi non-oil activities boom in November despite price pressures
Saudi Azm inks SAR 10m contract with Monsha’at for Mazaya project
UAE stock markets close Wednesday in red zone
Amwaj International to pay SAR 9m dividends for H1-23
e& secures 1st green loan agreement at AED 366m
Egypt-Cyprus bilateral trade leaps 22% in 9M-23
Halwani Bros obtains SAR 150m financing from Banque Saudi Fransi
Beltone unveils 1st factoring transaction with EGMED at EGP 200m
EasyLease boosts regional footprint via majority stake in Fully Charged
Ooredoo inks $2.2bn joint deal for MENA’s largest tower firm
FAB joins forces with ENGIE at COP28 to enhance decarbonisation solutions
DFM’s carbon credits pilot platform debuts at COP28 as trading commences; listed entities take part
Abu Dhabi introduces Hub71+ ClimateTech for startups worldwide; listed entities involved
APICORP unveils new identity, up to $1bn plans to boost decarbonisation technologies
Egypt’s stock market closes Monday in green
Amak to appoint Acting CEO after Al Shangiti’s departure
PayTabs Egypt to launch card acceptance for gold purchases online
Tadawul closes Monday with collective fall
Wizz Air Abu Dhabi launches 1st flight to Egypt's Sphinx int’l airport
Egypt to sell ChillOut fuel stations to private sector – Minister
M42, Siemens to drive energy efficiency in UAE’s health sector
UAE’s Presight inks agreements to boost digital transformation in Kazakhstan
Saudi PIF acquires minority stake in Rocco Forte Hotels
SCZONE pens $1.1bn deal for green fuel bunkering at COP28
Buruj Cooperative names Al Ghunaim as Acting CEO
Remco’s standalone losses cross EGP 969m in 9M-23
Al Rajhi Takaful unveils capital hike to SAR 1bn
CBE issues EGP 3.25bn T-bonds on Monday
Moody’s affirms RAKBANK ‘Baa1/ P-2’ rating; outlook stable
EGX closes Sunday with mixed note
UAE’s AD Ports, Kazakhstan Railways team up for joint logistics hub
Tadawul closes Sunday’s trading session mixed
PureHealth unveils IPO for ADX listing
East Pipes Integrated, Aramco sign SAR 153m agreement
Arabia Insurance appoints new Chairman, Vice Chairman
Zain KSA widens 5G network to reinforce Saudi digital services
CI Capital’s 9M-23 consolidated profits exceed EGP 771m; revenues leap 87%
Masdar embarks on EUR 11bn offshore wind projects in UK
United Mining Industries to pay 7% of capital as cash dividends for H1-23
CBE announces EGP 47.5bn treasury bills on Sunday
AD Ports’ unit to develop Egypt’s first bulk cement silos
MBC Group unveils price range for IPO on Tadawul
EGX sees varied performance on Thursday
EFIC’s consolidated profits exceed EGP 515m in 9M-23
Madinet Masr unveils EGP 1.7bn investment
TASI, NomuC show positive performance on Thursday
Mopco’s consolidated profits up in 9M-23; sales hit EGP 13.24bn
DFM closes Thursday down; ADX ends session higher
Riyadh Steel to list shares on Nomu next week
FAB’s unit in Egypt posts 206% higher net profits in 9M-23
ADGM launches financing digital platform Numou; investments by 3 banks unveiled
Dubai Taxi’s IPO marks highest oversubscription level on DFM
Ajman Bank, Mastercard partner to foster cross-border payment globally
Orascom Construction’s 9M-23 consolidated profit leap 98.6%; backlog hit $7bn
CBE auctions EGP 46.5bn T-bills on Thursday
UAE’s Yabi concludes $8m funding round for Saudi expansion
OPEC Fund backs SMEs in West Africa via EUR 50m loan
NCLE reports 43% increase in FY22/23 net profit, announces dividends plan
MIS inks SAR 34m deal with Saudi AI authority
Enma Alrawabi leases hotel for SAR 28.5m following contract termination
EGX indices close Wednesday mixed
Tadawul flags in green on Wednesday
Ladun Investment’s subsidiary wins SAR 273m projects in Jazan City
Lumi, MachinesTalk pen SAR 28m deal to bolster digital transformation
Retal inks SAR 375m purchase deal with PIF’s subsidiary Roshn
UAE stock markets close Wednesday with mixed note
MENA-focused Immensa fuels global expansion plans via $20m funding round
Cl Capital unveils EGP 15bn securitised bond issuance for NUCA
ADCB more than triples 2030 sustainable finance target to AED 125bn
Riyadh Cement secures project deal worth nearly $35m
Egytrans pens joint deal for EGP 124m logistics project
Saudi Cable unveils SAR 233m tripartite agreement
Emirates NBD anchors SMEs in region via Erguvan pilot launch
Kingdom Holding increases stake in Citi Group for SAR 1.68bn
Aman swings to profits in Q3-23
Al Sagr Insurance turns profitable in 9M-23; accumulated losses hit 42% of capital
EGX shows mixed performance on Tuesday